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"'^ ..,.�.=+��.a'�.�'-�.,i. :�µ�`i:._.. rr.y��_._�_. <br /> ' <s.Y.Et€–' _-"':.3i=�=='__` -- - �._ <br /> ., -. _ �S"t��t,'2`�':'�F4lff�� i —.� - _ ._ <br /> � . .__°___..o.�—_—.. --- -- — x'--�--- <br /> 9�- sc�oaso - <br /> delivery of this Deed, and thereafter fram time tn time, will cause <br /> �his Deed mnd any security i.nstrument creating a security interest <br /> in the Premises nnd each instrument of further assurance to be <br /> filed, registered or r�corded in such manner and in auch, places as <br /> may be required by any present or future law in order to publish <br /> notice of and ta protect fully the seaurity ir�terest and lien <br /> hereof upon, and the interest of Benaficiary in the Premises. <br /> Grantor shall furnish to Beneficiary froin time to time a statement <br /> stating the unpaid principal of and fnterest on the Noto and any <br /> other amount secured by this Deed and stating whether any offsst or <br /> defense exists against such princip�l and interest and shall <br /> further prqvicle such schedules further identifying and describing <br /> the Premises and such other reports in conner,tion with the Premises <br /> as Beneficiaxy may reasonably reqixest, all in reasonable detail. <br /> 4.18 �{me of the Essence. Z'ime is of the essence with respect <br /> to each and every covenant, agreement and obligation of Grantor <br /> urider this Deed. <br />- 4.19 �,fter Ac,guired Pro er�. Zf Grantor shall hereafter <br /> aaquire fee simple title to the Premises or any interest in such <br />- fee simple estate by reason of and/or in accordance with the Ground <br />- Lease, or otherwise, then and thereupon Grantor shall join in a <br />= written instrument amending this Deed for the purpose of subjecting <br />- the fee simple es�ate in and to the Premises to the lien of this <br />= Deed. In additi.on to any other rights granted to Beneficiary under <br />; this Deed, if Grantor fails or refuses �o do so, Grantor hereby <br />= appoints Beneficiary to execu�e all documents and instruments and <br />" ta tay� a3? acr;nnc; i:� Gra.ntor's name or otherwise, as Bene�iciary <br /> - shall deem necessary or expedient to cause such fee simple escaie <br /> t� be subordinate in all respects to the lien of thi� Deed. Thi� <br /> power of attorney is irrevoaable and is coupled with an interest. <br /> 4.20 Additional Provisions. This Deed also secures the <br /> following: <br /> (a) The payment of all other obligations owing by <br /> Grantor or any guarantAr of the Secured Indebtedness to <br /> Beneficiary, whenever and however incurred or evidenced, whether <br /> direct or indirect, absolute or contingent, or due or to becume <br /> _ due; and <br /> _ (b) Performance of all undertakings, covenants and <br /> aqreements of Grantor or any guarantor of the Secured Tndebtedness <br /> contained in any other tnstrument. given to evidence or further <br /> = secure the aforesaid obliqations. <br /> � <br /> _ Any event of default in the payment of the obligations or <br /> _ performance of any of the covenants or agreements as hereinabove <br /> de5cribed or under any inst�ument securing the aforesaid <br /> - obligations, covenants or agreements shall at the option oP <br /> - Beneficiary constitute �n event of default under this Deed. <br /> - For the pur.poses of this Deed, the term "Secured Indebtedness" <br /> shall inalude the aforegoing indebtednesses, obligatiqns, covenants <br /> = and agreemei�ts. <br />-'� <br /> � <br /> I -2�- <br /> I � <br /> � <br /> � <br /> I .�..—. --°. . _� _._ .,.. � -- __ ..__ .. ..._. . ._ <br />